29 days old

Investment Finance Analyst

Guggenheim Life and Annuity Company Holdings
Indianapolis, IN 46201
  • Job Code
    121562573
Guggenheim Life and Annuity Company Holdings

Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

ID: 2020-1238


Overview

Guggenheim Life and Annuity Company is seeking an experienced Investment Finance Analyst for the Investment Valuation unit. The successful candidate will join a highly collaborative team responsible for planning and projections income analysis valuation risk management and reporting of the Company's investment portfolio. This may include facilitating financial planning and reforecasts related to the investment portfolio preparing and presenting investment reporting packages to various levels of management including the Asset/Liability Committee or Board of Directors conducting investment income analytics review and maintenance of asset valuation models and relationships resolving pricing issues and maintaining internal controls. These tasks are performed on behalf of multiple legal entities and companies within the Guggenheim Insurance division. In addition the Investment Finance Analyst plays a significant role in coordinating with other groups or departments across the organization.

The position requires a minimum 5 to 8 years of experience in financial analysis or accounting preferably in the insurance industry or investments including an understanding of derivatives and hedge accounting requirements. Advanced experience of STAT and GAAP reporting requirements and producing financial reports preferred. Bachelor's Degree in Accounting Finance Economics or related field required; CPA CFA and/or other finance designations preferred.

The Investment Financial Analyst role represents an opportunity to apply your knowledge of investments further develop your analytical and reporting skills and have a role in the company's growing operations.

The position is located in Indianapolis Indiana.

Specific Responsibilities Include:
  • Prepares the annual forecast for investments in coordination with the planning team and periodic reforecasts throughout the year along with analysis of the actual to forecast.
  • Produces regular and ad hoc reports on the Company's investment portfolio for management and third-party users. Analyzes investment results at granular levels and consolidates results to support asset class and legal entity reporting including but not limited to investment income variance analysis investment performance reporting rating agency or similar reporting.
  • Evaluates efficiency and effectiveness of processes and controls make recommendations for continuous process improvement and participates with implementation. Assists in the development and documentation of policies and procedures.
  • Works closely with the Data Management team to ensure accurate data create automated investment reports in the Data Warehouse and develop reconciliations to ensure reliability of results. Reviews and provides quality control over investment reporting to ensure consistent and accurate reporting across all functions.
  • Participates with team to research and prepare technical accounting memos identifying investment types application of appropriate investment accounting rules and coordinates with Investment Reporting to ensure appropriate income recognition and reporting.
  • Responds to external and internal audit requests relating to investment valuation and analysis work as needed.
  • May work with derivative usage and hedging impacts on investment income. An understanding of derivatives and hedge accounting requirements will be necessary in fulfilling these responsibilities.


Skills & Experience Required:

  • Bachelor's Degree in Accounting Finance Economics or related field
  • CPA CFA and/or other finance designations preferred
  • Minimum 5 to 8 years of experience in financial analysis or accounting preferably in the insurance industry or investments including an understanding of derivatives and hedge accounting requirements
  • Advanced experience of STAT and GAAP reporting requirements and producing financial reports preferred
  • Excellent oral written and listening skills and ability to clearly articulate complex information to others and effectively ask questions for action and understanding
  • Demonstrated ability to proactively identify and solve problems and issues of all types
  • Ability to establish positive relationships and work effectively with all departments and affiliates to ensure shared understanding and integration
  • Demonstrated ability to utilize technology to work more efficiently more productively and as an auditing tool
  • Advanced working knowledge of Microsoft Excel Power Pivot and Power BI preferred.


In addition the ideal candidate will be or will have:
  • Ownership and accountability
  • Results and detail oriented
  • Able to multi-task and continue to execute under pressure
  • Internally driven and self-motivated
  • Intellectual curiosity forward-thinking


About Guggenheim Life and Annuity Company

Guggenheim Life and Annuity Company a subsidiary of Guggenheim Partners provides financial services to institutional and retail customers through fixed annuity products distributed through networks of independent marketing organizations and agents nationwide.


PI121562573

Categories

Posted: 2020-07-14 Expires: 2020-08-14

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

Investment Finance Analyst

Guggenheim Life and Annuity Company Holdings
Indianapolis, IN 46201

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast